A significant lawsuit filed in a London court on Monday (Dec. 9) alleges Mike Tyson reneged on the terms of a contract on the same day his clash with Jake Paul was announced.
The affiliate marketing firm Medier has claimed the legendary boxer, and his company Tyrannic, broke the terms of an existing deal to promote the gambling platform Rabona.
This has resulted in a legal suit against Tyson worth $1.59 million.
More than 70,000 fans packed into the AT&T Stadium in Texas to watch the high-profile bout between 59-year-old Tyson and YouTuber turned pro-boxer Paul. Netflix reported a global audience of 60 million streaming the fight.
Against an opponent less than half his age, Iron Mike could not turn back the clock to get anywhere close to his prime, as Paul was declared the winner unanimously.
Mike Tyson sued for $1.6 million over allegedly breaking promotional deal to fight Jake Paul https://t.co/w89L4rM4Lu pic.twitter.com/qIBOrznlDQ
— New York Post Sports (@nypostsports) December 6, 2024
Medier’s position explained
Tyson’s representatives will be aiming to avert another loss, now the action has moved from the ring to the courts.
In response, they have claimed Medier breached the terms of their initial agreement on more than one occasion.
According to the lawsuit, Medier’s position is that “The true reason for Mr. Tyson and Tyrannic’s hasty and unlawful termination was because Mr. Tyson had agreed [to] a deal, sponsored by Netflix, to fight the influencer, Jake Paul.”
The company is seeking more than $800,000 returned in fees paid to Tyson “for which no services were provided” as well as $729,000 compensation for “wasted production and promotion costs.”
With the renowned pugilist said to have received around $20 million for his participation in the contest with Betr-linked Paul, it should not trouble him too much if Medier is awarded the amount it is seeking, but this legal wrangle could have one or two rounds left to unfold.
Image credit: Via Midjourney
